KMC Properties ASA

AGM Information • May 11, 2017

Storm Real Estate ASA - Annual General Meeting held

Storm Real Estate ASA - Annual General Meeting held

Storm Real Estate ASA has today 11/05/2017 held its Annual General

Meeting. An English translation of the minutes are attached.

The Board's proposal for resolutions were resolved in accordance

with the calling notice, though such that issue 10 on the agenda was

amended in accordance with the stock exchange notice dated

10/05/2017 so that the capital increase in relation to the rights

offering will be of minimum NOK 1,078,905.20 versus NOK 0.40 in the

original proposal in the calling notice.

The amendment is in accordance with the guarantee agreements the

Board has entered into as described in the company's stock exchange

notification on 10/05/2017.

This information is published in accordance with the Norwegian

Securities Trading Act section 5-12.